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Jackson 49203
792 Oakridge Drive
$195,000
● House - Off Market

792 Oakridge Drive

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,929 Ft²
$1,255
Est. Monthly
12.77%
Cap Rate

About This Property

Beautiful Essex Heights home with tons of character and lots of charm! full appliance package included and immediate occupancy, complete with a detached garage and off street parking!
Unit Size
3,929 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$51
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1945

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #25007694)

Price History

Date / Event Date Event Price
Apr 17, 2025 Sold
Premium
Sold
Mar 21, 2025 In contract -
In contract
Mar 4, 2025 Listed by HOWARD HANNA REAL ESTATE SERVI $199,900
Listed by HOWARD HANNA REAL ESTATE SERVI
Nov 1, 2024 Price Decreased $129,900
↓ $70K (35%)
Price Decreased
Sep 17, 2024 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 810
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,316
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESSEX HEIGHTS SUB
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 24 ESSEX HEIGHTS SUB DIV

Neighborhood

  • School District Name: Jackson Public Schools
  • School Tax School District: 38170
  • Census Tract: 000800

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAPS 3-39
  • District: 50
  • Parcel: 3-274400000
  • Lot: 24
  • Municipality: JACKSON CITY
  • Latitude: 42.2281
  • Longitude: -84.4231

    Address

  • Full Address: 792 Oakridge Dr
  • Legal Unit: 24
  • Address - House Number: 792
  • Address - Street Name: Oakridge
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jackson
  • Carrier Code: C013
  • 4-Digit Zip Code: 3915
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $267,980
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 187,284
  • High Value: 234,386
  • Low Value: 140,183

    Market Valuation

  • Market Total Value: $136,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 12, 2019
  • Current Sale Recording Date: Apr 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2821453
  • Previous Sale Recording Date: May 05, 2005
  • Previous Sale Contract Date: Apr 26, 2005
  • Previous Sale Amount: $91,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson

Stats & Trends

Median Asking:

$148,900

Sale Price/ft²

$113

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1484 ft²

Average Home Age

98.2 years

Currently For Sale

117 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: KAYLA DOMINIQUE, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25007694
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 792 Oakridge Drive built and last sold?
The property at 792 Oakridge Drive was built in 1945 and last sold on Apr 12, 2019 for $150,000.
How much is this home worth?
The estimated value of the home located at 792 Oakridge Drive is $219,643.
What are some comparable homes to 792 Oakridge Drive?
There are currently no comparable homes to 792 Oakridge Drive.
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